Presentations.ai, an Indian startup that makes use of AI to assist firms rapidly generate presentation decks, has raised $three million in a seed spherical led by Accel to scale its software program that has emerged from beta after amassing tens of millions of customers.
Presentations are ubiquitous all through a work trip — whether or not a big company or a startup — to amass new clients, replace buyers, and talk milestones internally. Yet, companies nonetheless battle, spending hours cracking compelling displays, which is much more crucial when focusing on purchasers or buyers.
“People struggle to take the first draft of a presentation,” mentioned Sumanth Raghavendra, co-founder and CEO of Presenations.ai, in an unique interview.
The Bengaluru-based startup has made that simpler with its AI-powered platform, utilized by over 5 million folks worldwide since its public beta launch in 2023, in line with the corporate. “We want to be the ChatGPT for presentation. Think about making a presentation using AI, using that same construct that ChatGPT operates under,” Raghavendra instructed TechCrunch.
Founded in 2019, Presentations.ai noticed ChatGPT’s emergence in late 2022 because the second to return out of stealth and begin onboarding new customers. The startup amassed 1,000,000 customers inside three months of its public beta and is at the moment making “millions of dollars” in revenue, Raghavendra mentioned.
Before Presentations.ai, Raghvendra based Deck App Technologies, which developed an app to assist folks create enterprise content material utilizing smartphones. However, he famous that the sooner enterprise had a “limited degree of success” as cell gadgets didn’t develop into an instrument to create content material apart from movies.
Over the years, Raghvendra mentioned that his workforce had created IPs round constructing displays that helped Presentations.ai to emerge as a aggressive participant even within the crowded house the place each startups and even large tech firms like Google and Microsoft try to ease presentation-building utilizing generative AI.
“Because we have been doing this for so many years, I’m fairly confident that we are far ahead of anybody else, and the proof of the pudding for us is that a lot of users who come in pay us to use our software. They have typically tried other competitors, including whatever Google or Microsoft has,” Raghvendra asserted.
After gaining preliminary traction, the startup transitioned from a very free expertise for beta testers right into a freemium providing in early 2024. Since then, Raghvendra instructed TechCrunch it has “tens of thousands” of paying customers who pay for its service, beginning at an annual value of $200 per consumer within the U.S., with totally different tiers and localized pricing throughout markets.
The startup makes use of “frontier” LLMs together with its personal small language fashions created for particular duties, akin to deciding which chart most closely fits a selected subject. It additionally makes use of text-to-image fashions Flux and Stable Diffusion to assist customers rapidly generate photos for use within the displays with prompts.
Presentations.ai offers instruments together with theme palettes and presentation types to generate decks based mostly on consumer preferences. It additionally gives options together with an AI-powered design assistant to create displays based mostly on totally different concepts, sharing and real-time sync, and multilingual help.
Similarly, the startup offers model templates to match the fashion of customers’ specific manufacturers. It additionally lets folks export their displays to a PowerPoint file for additional modifying or as a PDF.
Presentations.ai particularly consists of “guardrails” to guarantee enterprise clients it has a excessive bar towards the competitors. These guardrails, Raghvendra mentioned, are constructed utilizing the information pipelines the startup has constructed over time to limit hallucination, the colloquial time period of AI-generated inaccurate or…
